Which of the Following Is True of the Affordable Care

question 4

Multiple Choice

Which of the following is true of the Affordable Care Act?

• A)It is a national government takeover of health care.
• B)It provides universal coverage to all Americans.-Consider This: ACA does not provide universal health care.
• C)It involves a single-payer health care system.
• D)It requires all Americans to have health insurance.

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Definitions:

Profits and Losses

A financial statement that summarizes the revenues, costs, and expenses incurred during a specific period.

Billable Hours

The amount of an employee's work time that can be charged to a client, as in the context of professional services like legal advice or consultancy.

Capital Balance

Refers to the amount of money that a company's shareholders have invested in it.

Profit Sharing

A corporate program that gives employees a share in the company's profits based on its earnings.